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On-chain data shows that a scale of 500 million USD has just completed minting of USDC.
What does this large-scale issuance of stablecoins usually mean? Market liquidity is about to be injected, which may indicate that institutional funds are preparing to enter the market. After each large-scale minting of USDC, there is often a noticeable change in trading volume within a few days.
It is worth noting that this number is not small—500 million USD is enough to influence short-term market sentiment. The pace of minting and burning of stablecoins has always been one of the important indicators for observing capital flows.